LOAN Stock Overview
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States.
Manhattan Bridge Capital Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$5.49|
|52 Week High||US$7.10|
|52 Week Low||US$5.10|
|1 Month Change||0.37%|
|3 Month Change||3.98%|
|1 Year Change||-10.73%|
|3 Year Change||-10.88%|
|5 Year Change||-5.35%|
|Change since IPO||-9.44%|
Recent News & Updates
Manhattan Bridge Capital declares $0.125 dividend
Manhattan Bridge Capital (NASDAQ:LOAN) declares $0.125/share quarterly dividend, in line with previous. Forward yield 8.9% Payable Oct. 17; for shareholders of record Oct. 11; ex-div Oct. 10. See LOAN Dividend Scorecard, Yield Chart, & Dividend Growth.
Manhattan Bridge Capital GAAP EPS of $0.12 in-line, revenue of $2.12M
Manhattan Bridge Capital press release (NASDAQ:LOAN): Q2 GAAP EPS of $0.12 in-line. Revenue of $2.12M (+24.0% Y/Y).
|LOAN||US Mortgage REITs||US Market|
Return vs Industry: LOAN exceeded the US Mortgage REITs industry which returned -18.3% over the past year.
Return vs Market: LOAN matched the US Market which returned -11.7% over the past year.
|LOAN Average Weekly Movement||4.6%|
|Mortgage REITs Industry Average Movement||5.5%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: LOAN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: LOAN's weekly volatility (5%) has been stable over the past year.
About the Company
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The company’s loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers.
Manhattan Bridge Capital Fundamentals Summary
|LOAN fundamental statistics|
Is LOAN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LOAN income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.44|
|Net Profit Margin||77.81%|
How did LOAN perform over the long term?See historical performance and comparison
9.1%Current Dividend Yield
Does LOAN pay a reliable dividends?See LOAN dividend history and benchmarks
|Manhattan Bridge Capital dividend dates|
|Ex Dividend Date||Oct 07 2022|
|Dividend Pay Date||Oct 17 2022|
|Days until Ex dividend||55 days|
|Days until Dividend pay date||65 days|
Does LOAN pay a reliable dividends?See LOAN dividend history and benchmarks
Is LOAN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LOAN?
Other financial metrics that can be useful for relative valuation.
|What is LOAN's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does LOAN's PE Ratio compare to its peers?
|LOAN PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ACR ACRES Commercial Realty
SEVN Seven Hills Realty Trust
LFT Lument Finance Trust
AJX Great Ajax
LOAN Manhattan Bridge Capital
Price-To-Earnings vs Peers: LOAN is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the peer average (6.3x).
Price to Earnings Ratio vs Industry
How does LOAN's PE Ratio compare vs other companies in the US Mortgage REITs Industry?
Price-To-Earnings vs Industry: LOAN is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the US Mortgage REITs industry average (12.5x)
Price to Earnings Ratio vs Fair Ratio
What is LOAN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||12.5x|
|Fair PE Ratio||11.3x|
Price-To-Earnings vs Fair Ratio: LOAN is expensive based on its Price-To-Earnings Ratio (12.5x) compared to the estimated Fair Price-To-Earnings Ratio (11.3x).
Share Price vs Fair Value
What is the Fair Price of LOAN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LOAN ($5.49) is trading below our estimate of fair value ($11.51)
Significantly Below Fair Value: LOAN is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Manhattan Bridge Capital forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LOAN's forecast earnings growth (17.6% per year) is above the savings rate (1.9%).
Earnings vs Market: LOAN's earnings (17.6% per year) are forecast to grow faster than the US market (14.4% per year).
High Growth Earnings: LOAN's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if LOAN's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if LOAN's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LOAN's Return on Equity is forecast to be high in 3 years time
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How has Manhattan Bridge Capital performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LOAN has high quality earnings.
Growing Profit Margin: LOAN's current net profit margins (77.8%) are higher than last year (75.3%).
Past Earnings Growth Analysis
Earnings Trend: LOAN's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: LOAN's earnings growth over the past year (17.8%) exceeds its 5-year average (6.2% per year).
Earnings vs Industry: LOAN earnings growth over the past year (17.8%) exceeded the Mortgage REITs industry -1.6%.
Return on Equity
High ROE: LOAN's Return on Equity (11.6%) is considered low.
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How is Manhattan Bridge Capital's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LOAN's short term assets ($70.5M) exceed its short term liabilities ($2.3M).
Long Term Liabilities: LOAN's short term assets ($70.5M) exceed its long term liabilities ($25.3M).
Debt to Equity History and Analysis
Debt Level: LOAN's net debt to equity ratio (57.4%) is considered high.
Reducing Debt: LOAN's debt to equity ratio has reduced from 80.7% to 57.7% over the past 5 years.
Debt Coverage: LOAN's debt is well covered by operating cash flow (21.7%).
Interest Coverage: Insufficient data to determine if LOAN's interest payments on its debt are well covered by EBIT.
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What is Manhattan Bridge Capital current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: LOAN's dividend (9.11%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: LOAN's dividend (9.11%) is in the top 25% of dividend payers in the US market (4%)
Stability and Growth of Payments
Stable Dividend: LOAN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LOAN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (113.7%), LOAN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (106.1%), LOAN's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Assaf Ran (56 yo)
Mr. Assaf Ran founded Manhattan Bridge Capital, Inc. (formerly Dag Media Inc.) in 1989 and has been its Chairman, Chief Executive Officer and President since 1989. Mr. Ran has been the Chief Executive Offi...
CEO Compensation Analysis
Compensation vs Market: Assaf's total compensation ($USD280.97K) is below average for companies of similar size in the US market ($USD763.69K).
Compensation vs Earnings: Assaf's compensation has been consistent with company performance over the past year.
Experienced Management: LOAN's management team is seasoned and experienced (11.2 years average tenure).
Experienced Board: LOAN's board of directors are seasoned and experienced ( 22.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LOAN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Manhattan Bridge Capital, Inc.'s employee growth, exchange listings and data sources
- Name: Manhattan Bridge Capital, Inc.
- Ticker: LOAN
- Exchange: NasdaqCM
- Founded: 1989
- Industry: Mortgage REITs
- Sector: Diversified Financials
- Implied Market Cap: US$63.107m
- Shares outstanding: 11.49m
- Website: https://www.manhattanbridgecapital.com
Number of Employees
- Manhattan Bridge Capital, Inc.
- 60 Cutter Mill Road
- Suite 205
- Great Neck
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/12 00:00|
|End of Day Share Price||2022/08/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.